
Deal numbers
- Est. cap rate
- 3.7%
- Assumed rent, all units
- $9,780/mo
- Units
- 3
- Price per unit
- $533,333
- Est. annual NOI
- $58,680
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $111,492
- Operating expenses
- $55,746
- Net operating income
- $55,746
- Annual debt service
- $95,803
- Annual cash flow
- -$40,057
- Cash on cash return
- -10.0%
- Down payment
- $400,000
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Triplex
- Bedrooms
- 6
- Bathrooms
- 3
- Building size
- 2,977 sqft
- Lot size
- 8,186 sqft
- Year built
- 1977
- Stories
- 2
- Garage spaces
- 2
- Style
- Contemporary
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Mountain(s),Park/Greenbelt
- Status
- Active
- Days on market
- 141
- MLS #
- 238906855
About this property
Welcome to 2302 8th Street, La Verne (91750) — this cozy 3-unit property in one of the San Gabriel Valley’s most desirable college-town pockets. Whether you’re looking for a turnkey investor rental or a smart “live in one / rent the others” lifestyle, this is the kind of property that checks the boxes: three separate units, private entries, strong tenant demand, and no local La Verne rent control (buyer to verify any applicable state requirements). Property highlights: approximately 2,945 SF total on an 8,183 SF lot, thoughtfully configured for privacy and independence with separate entrances and comfortable separation between units. Both ADUs are fully permitted, offering long-term flexibility and cleaner financing/insurance conversations. Unit breakdown: (Unit A) Primary Residence (approx. 1,563 SF): 3 bedrooms, 2 bathrooms, gallery kitchen, inviting living room with fireplace, and a spacious primary suite with jacuzzi tub. Dedicated A/C for the main house; (Unit B) Main ADU (approx. 1,000 SF, two-story): 3 bedrooms, 1 bathroom, full kitchen, dedicated laundry area, and private entry. Ideal as a high-demand rental or extended-family setup; (Unit C) Junior ADU (approx. 382 SF): charming studio with its own kitchen, bath, and private entrance — perfect for additional rental income, guests, or a quiet work-from-home retreat. Recent improvements & systems: recently remodeled bathrooms, new water heater, a paid-off solar panel system, and a recent permitted roof. The main ADU and junior ADU share a separate A/C system from the primary residence. Parking & access: a detached 2-car garage, a large driveway with parking for up to six vehicles, plus RV parking — all enhanced by convenient alley access. Lifestyle + location: North-facing with Foothill views and overlooking Las Flores Park, this is quintessential La Verne living. Enjoy nearby recreation and easy access to Raging Waters and Bonelli Regional Park, plus the steady pull of nearby higher-education anchors — University of La Verne and the Claremont Colleges — supporting consistent rental demand. A rare opportunity to own a permitted triplex-style property in a prime La Verne setting — income today, flexibility tomorrow.
Location
2302 8th
La Verne, Los Angeles, CA, 91750